Real Gross Private Domestic Investment
Returns the real (inflation-adjusted) gross private domestic investment from FRED. This measures business spending on capital goods.
Data Source
Data is sourced from the Bureau of Economic Analysis via FRED, reported quarterly.
Notes
- Includes residential and nonresidential investment
- Values are in billions of chained dollars
- Key GDP component and leading economic indicator
Syntax
=RealPrivateInvestment()Returns
number
Real private investment in billions of dollars
Examples
=RealPrivateInvestment()When to Use
- GDP component analysis
- Business cycle research
- Capital spending trends
- Economic forecasting
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Residential only | RealPrivateInvestmentResidential() |
| Nonresidential only | RealPrivateInvestmentNonresidential() |
| Government investment | RealGovtExpenditure() |
Common Issues & FAQ
What's included in private investment?
Business spending on equipment, structures, intellectual property, and residential construction.
Is this a leading indicator?
Yes, private investment often leads economic cycles.
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